Companies are leading an unprecedented build out of a domestic clean energy supply chain. Through May 13, 2025, they have announced more than $278 billion in manufacturing investments, supporting an estimated 347,000 new manufacturing jobs, according to the Clean Economy Tracker. Now Congress is considering whether to continue to encourage this buildout along with new investments through key federal tax credits. To understand the significance of these federal incentives, Atlas reviewed annual public filings—known as 10-K filings—with the Securities and Exchange Commission about economic risks and opportunities identified by companies.
This analysis drew on filings from 40 companies that have announced at least $100 million in domestic clean energy manufacturing investment companies. In this analysis, companies widely acknowledge that federal support benefits not only their companies but society at large. They point to benefits such as increased energy security, reduced costs for consumers, and growth in manufacturing investments and jobs. Companies also understand the risks tied to repealing key federal incentives, and how such a move could undermine efforts to expand domestic manufacturing, reduce costs, and strengthen supply chain security.
